Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Bank Of India for its Cheera Chas branch in Cheera Chas (Dist Bokaro), Cheera Chas Dist Bokaro, or Jharkhand, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Bank Of India located in Cheera Chas (Dist Bokaro) or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code BKID0005852. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Bank Of India, Cheera Chas, Cheera Chas (Dist Bokaro)
Here are the key points that are associated with the IFSC Code BKID0005852 of Bank Of India for its branch located in Cheera Chas (Dist Bokaro), within the district of Cheera Chas Dist Bokaro in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Bank Of India |
| IFSC Code | BKID0005852 |
| Branch | Cheera Chas |
| City | Cheera Chas (Dist Bokaro) |
| District | Cheera Chas Dist Bokaro |
| State | Jharkhand |
| Address | Main Road At Cheerapo Chas Distt Bokaro |
These details helps users in online banking and for businesses and individuals who use Bank Of India in Cheera Chas (Dist Bokaro) for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code BKID0005852 for the Cheera Chas branch of Bank Of India plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like BKID0005852 is given to every bank branch, including Bank Of India located in Cheera Chas, Cheera Chas (Dist Bokaro), Jharkhand, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Bank Of India branch in Cheera Chas (Dist Bokaro).
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Cheera Chas (Dist Bokaro) and Cheera Chas Dist Bokaro.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Bank Of India in Cheera Chas doesn't end up at another location.
Format of the IFSC Code BKID0005852
The format of the IFSC Code for banks, including Bank Of India, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Bank Of India, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Cheera Chas in Cheera Chas (Dist Bokaro).
For example, the IFSC Code BKID0005852 of Bank Of India for the Cheera Chas branch includes these elements, identifying the bank and the branch location in Cheera Chas (Dist Bokaro) and Jharkhand accurately.
How to Find IFSC Code for Bank Of India?
If you are trying to find the IFSC Code BKID0005852 of Bank Of India for its Cheera Chas branch located in Cheera Chas (Dist Bokaro), the following methods can help:
Cheque Book
The cheque book issued by Bank Of India includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Bank Of India branches in Cheera Chas (Dist Bokaro) and Cheera Chas Dist Bokaro, print them on the first page of your passbook.
Bank Website
Visit the official website of Bank Of India and navigate to the branch locator section. Search for Cheera Chas or Cheera Chas (Dist Bokaro) to get the exact IFSC Code BKID0005852.
Mobile Banking App
If you use Bank Of India's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Bank Of India and Cheera Chas (Dist Bokaro), you'll get the correct details.
How to Use IFSC Code BKID0005852 for Online Transfers?
If you have the IFSC Code BKID0005852 for the Cheera Chas branch of Bank Of India in Cheera Chas (Dist Bokaro), you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code BKID0005852. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and Bank Of India IFSC Code BKID0005852.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Bank Of India Cheera Chas in Cheera Chas (Dist Bokaro), it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Bank Of India in Cheera Chas, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Bank Of India website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Cheera Chas (Dist Bokaro) to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is BKID0005852.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Main Road At Cheerapo Chas Distt Bokaro located in Cheera Chas (Dist Bokaro), Cheera Chas Dist Bokaro, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.